Advantest (OTCMKTS:ATEYY) Reaches New 12-Month High – Here’s What Happened

Advantest Co. (OTCMKTS:ATEYY)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $53.36 and last traded at $53.29, with a volume of 24670 shares. The stock had previously closed at $52.59.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised Advantest to a “strong-buy” rating in a report on Monday, October 7th.

Advantest Trading Up 6.8 %

The company has a market capitalization of $40.13 billion, a PE ratio of 93.76 and a beta of 1.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.33 and a quick ratio of 1.71. The firm’s 50 day moving average is $45.13 and its 200 day moving average is $39.90.

Advantest (OTCMKTS:ATEYY) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.21 EPS for the quarter. The firm had revenue of $889.88 million during the quarter, compared to the consensus estimate of $680.79 million. Advantest had a net margin of 14.65% and a return on equity of 18.20%. As a group, equities analysts predict that Advantest Co. will post 0.8 EPS for the current year.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.